Founded: July 2nd, 2021

Designations:

• CFP®

License(s) and/or Registration(s):

• Kaylin Dillon Financial Planning LLC is an Investment Advisor registered with the States of Kansas and California.

  I’ve noticed filed in Texas and am only near the de minimus in Massachusetts. I can register in additional states (ie Massachusetts) if needed.

“Are you currently involved in a lawsuit with a client? If so, please describe the lawsuit in detail.”- No

“Have you been in a previous lawsuit with a client? If so please describe the lawsuit in detail.” – No

“Are you currently involved in a regulatory action with your regulatory agency? If so, please describe the lawsuit in detail.” – No

“Have you been in a previous regulatory action with your regulatory agency? If so please describe the lawsuit in detail.” – No

 

Describe your firm in your own words and the types of clients that you typically work with:

I’m a solo advisor with 12 years of wealth management experience. Most of that time I was spent working with HNW and UHNW families at Morgan Stanley where I was a portfolio manager. I intend to remain a small, if not solo, firm long-term. I believe strongly in partnering with experts to serve my clients, so I’m a fan of the MFC business model as well. I provide financial planning services on a one-time and ongoing basis, as well as investment management services on an ongoing basis. My clients are typically early in their careers with an average income of $200,000 per year and about $1M-$2M in net worth. Most of my clients use my planning services, I make investment recommendations, and they go implement the investment plan on their own. They’re often attracted to my flat fee option to begin with. But when a busy couple simply needs to outsource tasks or they find the prospect of managing investments too overwhelming, I am happy manage the investments for them.

How are you compensated for your work? List your compensation methods out in detail:
Typically I charge a minimum annual planning fee of $4800. If I also manage investments for the client, $1M of AUM is included in the flat annual fee. I charge .48% of AUM in excess of $1M. I cap my total annual fee at $24,000. I coach my clients that as their net worth increases above $1M we will increasingly need to use other professional services (primarily CPA and attorney). In order to provide investment management services to MFC clients, who already have financial planning services covered, I would offer my .48% AUM fee to MFC clients, without the required minimum. I will still cap my maximum annual fee per client at $24,000.

What is the one standout detail about your firm that clients find with your firm that they have not found elsewhere?:

I’m adamant about including partners and spouses on all client communications (if the client agreement is with both partners). If I have a phone call with one client, their partner is automatically included on the meeting recap email. I actually have this set up as an automation. It will be easy to include a MFC planner in this system as well.